This property might be a fair Mid-Term investment with a projected 0.1% first-year return on $68,610 initial cash invested.
0.1%
Cash On Cash
7.01%
Cap Rate
1.07
DSCR
$2,266
Rent
$6
Cashflow
Cash Flow
$2,266 income − $2,260 expenses = $6 cash flow
Investment Breakdown
|
Purchase Price
$241k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,610
Downpayment
20%
$48,200
Closing costs
1%
$2,410
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,266
Total Expenses
$2,260
Mortgage P&I
58%
$1,310
Property Taxes
2%
$39
Home Insurance
6%
$140
HOA
0%
$0
Property Management
12%
$272
CapEx
4%
$91
Vacancy
3%
$68
Maintenance
4%
$91
Other
11%
$249